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Higher electricity prices if Gazprom halts deliveries to Europe: Energy Minister Alexander Nikolov

According to Bulgaria’s Energy Minister Alexander Nikolov, a possible stoppage of deliveries by Gazprom to Europe would indirectly impact the price of gas in this country. “This would mean a drastic rise in electricity prices in Europe,..

05.03.22 11:47 |

In case of gas supply crisis, Bulgarian electricity exports are expected to be suspended

Speaking about the tension between Russia and Ukraine, as a result of the Russian recognition of the independence of Donetsk and Luhansk, Bulgarian Prime Minister Kiril Petkov told parliament that Bulgaria was a very reliable partner..

23.02.22 13:03 |

Bulgaria's PM proposes single gas market between Bulgaria, Serbia, North Macedonia, Greece

During his visit to Serbia, Bulgarian Prime Minister Kiril Petkov expressed a desire to resolve all outstanding issues so that the Western Balkans could have a clear European perspective. This was stated by  Ana Brnabić serving as Serbia's Prime..

08.02.22 18:43 |
Minister Nikolov

Minister of Energy: There is coordinated attack against Bulgargaz

At an emergency briefing this morning, Minister of Energy Alexander Nikolov announced that there was a coordinated attack against the new management of the state-owned company Bulgargaz, after the old management was completely..

06.02.22 11:38 |

Bulgargaz refutes Boyko Borissov's allegations of participation in corruption scheme

The information about 60,000 megawatt hours of natural gas sold to certain companies yesterday is not true , Bulgargaz told BNR. Thus, they refuted the statements of former Energy Minister Rumen Ovcharov and former Prime Minister Boyko Borissov that..

05.02.22 18:25 |
Nikolay Pavlov

Former director of Bulgargaz summoned for interrogation by authorities on Monday

The former director of Bulgaria's state-owned gas company Bulgargaz, Nikolay Pavlov, will appear for questioning on Monday , he himself confirmed to Nova TV.  "I was summoned as a witness in the Sofia City Prosecutor's Office. What Bulgargaz is..

05.02.22 18:09 |

Boyko Borissov accuses the government of participating in a corruption scheme

In front of supporters in Kirkovo, GERB leader Boyko Borissov has accused the government of participating in a corruption scheme. He cited a statement by Rumen Ovcharov, a former energy minister in the BSP cabinet, saying that last night Bulgargaz's..

05.02.22 15:05 |

Bulgaria supports expansion of gas deliveries from Azerbaijan

Natural gas will play a significant role in the decarbonisation process in South-East Europe and will contribute directly to rapid energy transition. This is what the Minister of Energy Alexander Nikolov told the participants in the..

04.02.22 16:57 |
Interior Minister Boyko Rashkov

Interior Minister Boyko Rashkov: Pre-trial proceedings have been initiated regarding the gas crisis

Minister of the Interior Boyko Rashkov announced that pre-trial proceedings had been initiated in connection with the gas crisis and the price of gas. Regarding the replacement of the entire management of Bulgargaz state-owned company,..

02.02.22 16:19 |

Natural gas price reduced by 17.64%

According to a decision of the Energy and Water Regulatory Commission, natural gas becomes 17.64% cheaper as of today. In February, natural gas costs BGN 109.88 per megawatt-hour without fees and taxes, or EUR 56.18 per MWh. The..

01.02.22 16:30 |
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